What types of real estate investment loans does SL Global offer?

We provide a variety of financing options tailored to real estate investors, including:

• Fix and Flip Loans: Short-term financing for purchasing and renovating properties intended for resale.
• Hard Money Loans: Asset-based loans offering quick funding for various real estate investments.
• Bridge Loans: Temporary financing solutions bridging the gap between transactions, such as buying a new property before selling an existing one.
• Construction Loans: Loans designed to fund the construction or substantial renovation of real estate projects.
• Commercial Loans: Financing for purchasing, developing, or refinancing commercial properties like office buildings, retail spaces, and multifamily units.
• Long-Term Rental/DSCR Loans: Loans based on the Debt Service Coverage Ratio, focusing on the property's income potential rather than the borrower's personal income.

What is a Fix and Flip Loan, and who can benefit from it?

A Fix and Flip Loan is short-term financing designed for investors aiming to purchase, renovate, and resell properties for profit. It's ideal for real estate investors looking to quickly acquire and improve properties to maximize resale value.

How does a Hard Money Loan differ from traditional financing?

Hard Money Loans are asset-based and primarily focus on the property's value rather than the borrower's creditworthiness. They offer faster approval and funding times compared to traditional loans, making them suitable for time-sensitive investments. However, they often come with higher interest rates and shorter terms.

What is a Bridge Loan, and when should I consider using one?

A Bridge Loan is temporary financing that helps investors transition between transactions, such as purchasing a new property before selling an existing one. It's beneficial when you need quick access to funds to seize an investment opportunity without waiting for other assets to liquidate.

Who qualifies for a Construction Loan, and what can it be used for?

Construction Loans are available to builders, developers, and investors planning to construct or significantly renovate properties. Funds can be used for land acquisition, material purchases, labor costs, and other construction-related expenses.

What are Long-Term Rental/DSCR Loans, and how do they work?

Long-Term Rental Loans, often based on the Debt Service Coverage Ratio (DSCR), focus on the property's income-generating potential rather than the borrower's personal income. This makes them suitable for investors with multiple properties or those whose personal income doesn't reflect their investment capacity.

What is the typical loan-to-value (LTV) ratio for your investment loans?

LTV ratios vary depending on the loan type and specific circumstances but generally range from 60% to 80%. For example, a Fix and Flip Loan might offer up to 90% of the purchase price and 100% of renovation costs, provided the total loan doesn't exceed 75% of the property's after-repair value.

How quickly can SL Global fund a loan?

We understand the importance of timely funding in real estate investments. Depending on the loan type and borrower qualifications, we can fund loans in as little as 5 to 15 days.

Do you require personal income verification for investment loans?

Many of our loan products, such as Hard Money Loans and DSCR Loans, do not require personal income verification. Instead, we focus on the property's value and income potential, streamlining the approval process for investors.

If you have further questions or need personalized assistance, please contact our support team. We're here to help you achieve your real estate investment goals.